$SPY Aug opex has a put $$ wall at 425 but has put $$ up to 440. Every drop is going to be like loading a spring into the next 5 weeks. VIX over 20 again just means we have the same setup over and over (just like the last 12 months). The volatility world has never been better so instead of being idiots 24/7 thinking the world is collapsing why not take advantage of HOW volatility and short term massive $$ hedging markets work. Get ready for 100s of mini "V" trades, 100s of Lotto EOD opex trades. Learn that VIX at 21 has a harder time moving to 30 than it does dropping.
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